Horse Betting 101

Expert handicapper Andy Serling shows Wendy Bounds the ins and outs of betting the ponies. Take notes and maybe you'll win a few bucks this weekend.

This transcript has been automatically generated and may not be 100% accurate.

I ... I now bought Park this is where it ought to happen on Saturday at Belmont Stakes the final jewel of the Triple Crown in horse racing ... like it's can happen I wanna know which one analyst ... to make money at the right guy to show us that ... any sterling ... is it that so handicapper with the New York ... Racing Association ... was a handicapper ... for those people who just don't even know ... what you do ... I'd I'd I look to the races in light of the times when ... you're at who's going when the man who's going to lose less to say I've never had before ... what's the first thing I T ... on the first new deal if you've never met before ... take a look at the board is to come out to track before the race for the post parade about ... eight to ten minutes before and take a look maybe he'll maybe like one away one of the look see the inside are ready and just have some fun now most people going to race in knowing that one or two courses name that helped you are part due to certain no one or two courses names if there is going to hurt you because there's a lot of other words they could possibly win ... and considering eleven worsens have won the first two legs of this Triple Crown ... and it failed to win the Belmont Stakes since affirmed one nineteen seventy eight clearly if you just do the work that were started on Wednesday sued in trouble ... oh what about what they call post position this is where the forces lineup ... that historically matter when you're on the inside of that that would be outside the track he can indeed he and I wouldn't say it's a new factor ... but it can matter a little in a while we are not because sometimes the inside is a little bit deeper job even the outside is helpful because he ... is if you would racetrack a mild half ... believe it or not no one is mostly for its ... this is the Daily Racing form unlike freak out every day in the Daily Racing form to paper ... which gives you the past performance is ... all the worse is the rate you wanna take into as many of the county's main factors if you can because it stands yet well they're they're they're great friends of mine has won the race is about to be the residency and very happy I've been thinking why we go inside due to the places that ... looked at ... the ... couple learned every three to give it all ... Greek to me that this is a race up and it says ... the mop are Cree summer for officer ... well there's enormous amount of information out there ... on the scene and can easily miss most ... of the minutes until ... coastline tracking the ... fact ... that we're at the grass trees ... were and then you notice numbers on the last song ... we have the words and numbers ... and right next to that the number of numbers in the chain in the Oct there that are in on the line ... is that right now right we're getting better ... now when you go to was that we did that ... and am looking very ominous looking came down here IRS bought up by Standard do I get all that bought the well probably not if you if you if you find the right you'll be fine but believe it or not this is the least of which you like this because if you're standing there for ... me to dwell on what ... you want so much money that you're actually get this all important ... every summer for its revenue provide your body what you think you look at these courses ... witty and well I've I've gone through so I kind of person you doing QQQ and the sweet spot ... and I'd like and the worst and how much these gal who's been running ... all Kate Ritchie who is much tougher worst interesting to see that ... so I think this first drop in class we all ... beastly Oprah law giver chance to win and she's a relative launch on beaches around seventy one ... spend your money or ... all like to dollar about her that's how I roll the market so how to get its two dollars yet ... now you tell your bets when ... and if not worse yet ... the ... local right there right there ... I'm trusting you hear so is the daughter does this and that ... here's to taking ... if you take ... a look to it ... renegade ... to vary with the ... notable for ... their CEOs what with their industrial outside ... what a great wealth ... Shaw ... I'm ... the the the ... all ...